New Delhi, Jul 23: Union Finance Minister Nirmala Sitharaman is set to present her seventh straight Union Budget on Tuesday that would lay a roadmap for ‘Viksit Bharat’ by 2047.
After presenting the Budget, Finance Minister Sitharaman will address a press conference along with the Minister of State for Finance Pankaj Chaudhary, Finance Secretary T.V. Somanathan, Secretaries of Ministry of Finance and Chief Economic Adviser V. Anantha Nageswaran to the government on Tuesday afternoon.
10:58 23 Jul
Rahul Gandhi reaches Parliament
10:35 23 Jul
Sitharaman again takes tablet in red pouch to present paperless Budget
Finance Minister Nirmala Sitharaman on Tuesday again took a digital tablet wrapped in a traditional ‘bahi-khata’ style pouch as she headed for Parliament to present the full Budget 2024-25 in a paperless format just like the previous years. Draped in a white silk saree with magenta border, she posed for the traditional ‘briefcase’ picture outside her office, along with her team of officials, before heading to meet the President.
09:43 23 Jul
What’s for farmers, unemployment, inflation: Cong
09:28 23 Jul
FM heads to Rashtrapati Bhavan
09:24 23 Jul
Key priority
According to experts, there is a need to infuse investments in districts and rural areas, both for accelerating traditional economic activities as well as the new economy, especially focused on circularity. Focusing on creating rural areas as champions of circularity holds significant potential, as overall sustainability becomes a key priority.
09:24 23 Jul
Spotlight
The spotlight would likely be on changes in the income tax structure to benefit taxpayers across all segments and on improving the ease of doing business in the country. The Budget could increase capital expenditure and may usher in a more standardised approach to taxation, according to Moody’s Analytics.
09:24 23 Jul
Union Budget focus
The Union Budget is likely to focus on supporting consumption via higher allocation for the rural economy, taxation reforms, infrastructure push, thrust on local manufacturing, job and skill creation and an increase in production-linked incentive (PLI) allocation to more labour-intensive sectors.
09:21 23 Jul
Sitharaman along with her team with the Budget tablet
